The Job Ads survey conducted by The Australia and New Zealand Banking Group Limited (ANZ) has indicated that there has been a significant rise in the rate of employment advertising in November.

Both newspaper and online employment advertisements are taken into consideration in the ANZ survey, which has recorded four consecutive rises in the official number of employment. The survey suggested that there has been a 1.3 percent of seasonal adjustment in the number of job advertisements last month, supplementing the numbers to 156,187 on an average per week.

The ANZ survey unveils the growing economy indication from the recorded number of employment in Australia. In October, job ads recorded a lift of 0.3 percent.

“Australia’s labour market continues to send positive signals about the current state of the economy,” ANZ’s co-head of Australian economics Felicity Emmett said in a statement. “We see jobs growth slowing in 2016 as the boost from strong property market activity and the lower currency begins to wane.” She continued, saying that job ads indicated steady growth in employment rate for some time, while unemployment rate might decline to some extent.

The job advertisements have increased around 12.3 percent from 2014, of which two percent constituted total newspaper job ads, according to the ABC . The bank said that as the recruitments in the public sector have increased, labour intensive industries have begun supporting employment activities. Emmett claimed that unemployment might “broadly track sideways around 6 percent” until later 2016.

The Australian Bureau of Statistics is set to release its employment figures on Thursday which might include the official decline in the unemployment rate to 5.9 percent in November.

ANZ job ad series is an indicator that helps analyse Australian labour market. It counts the weekly number of jobs ad bookings on an average placed in print and online media each month.

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